“when the financial sector represents more than 3.5% of total employment, further increases in financial sector size tend to be detrimental to growth.”
It tends to lead to over-investment in companies that are lower-productivity but have lots of collateral to lend against — like construction and property development — luring more businesspeople into those fields.
It leads to under-investment in high-productivity manufacturing companies — like those in aerospace or computing — that are particularly reliant on research and development.
下列文長難以翻譯但值得一讀，已經是盡全力用最簡單的方法描述這樣的金融問題。
整個金融體系就他媽的欠缺任何風險管理概念。
“當金融部門佔總就業人數的比例超過3.5％時，金融部門規模的進一步增加往往不利於增長。
私人基金往往會導致對生產率較低但有很多抵押品的公司進行過度投資，例如建築和房地產開發，從而吸引更多的商人涉足這些領域。
這導致對金融機構對特別依賴研發的高生產率製造公司（如航空航天或計算機製造公司）的投資不足。
回溫這篇
基本上是在說私人醫院綁架政府的事件一直在發生 是美國人先發明 但被中國拿來複製而已